201 W Whittier Blvd - Freestanding FOR SALE


Montebello, CA 90640
$1,680,000 USD
626-885-5889
201 W Whittier Blvd, Montebello, CA for Sale
$1,680,000 USD
Freestanding - FOR SALE
1/42
null | 3.2% Cap Rate

201 W Whittier Blvd
Montebello, CA 90640


OVERVIEW

Rarely does a property combine immediate income potential with this level of long-term development upside. Located in the heart of Montebello's bustling downtown core, this fully operating & freestanding restaurant is now available for sale & it's an opportunity serious investors won't want to overlook. Positioned on one of the area's highest foot-traffic corridors, this property benefits from exceptional visibility and daily exposure to a strong volume of pedestrian and vehicular traffic. The freestanding structure offers full autonomy with no shared walls, no strata fees & no compromise. The interior 1,500 sqft, turn-key and fully operational, is equipped with a complete commercial kitchen and professional hood system. Sitting on an expansive 11,777 sqft lot, this property includes a spacious parking area with 20 dedicated spaces, an exceptionally rare feature for a downtown commercial asset. The oversized lot not only supports the current use but opens the door to future expansion and redevelopment. Designated commerical C-2, this property supports a broad range of commercial uses and mixed-use development. Subject to city confirmation, this lot may accommodate the construction of up to 10 residential units. All buyers are encouraged to perform their own due diligence regarding zoning and development permissions.

FOR SALE DETAILS

PRICE

$1,680,000 USD

PRICE/SF

$1,120 USD /SF

CAP RATE

3.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C2

APN/PARCEL ID

6349-002-024

ASK ABOUT THIS PROPERTY

Jack ChengJC Pacific Capital Inc.More Info
626-885-5889

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Jack ChengJC Pacific Capital Inc.More Info
626-885-5889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.